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3M, Caterpillar, Facebook Net Jump; Bristol-Myers, Eli Lilly Profit Decline

Mukesh Buch
24 Jul, 2014
New York City

3M net climbed 6%. AT&T net declined 8%. Bristol-Myers profit plunged 38%. Caterpillar net jumped but revenue dropped. Eli Lilly net tumbled 39%. Ford net climbed 6% but revenue slid. GM net tumbled 83%. Raytheon net soared 13%.

Kingfisher Sales Ease, Logitech Sales Surge

Nigel Thomas
24 Jul, 2014
New York City

easyJet declined despite revenue climbed 9% to

Nikkei in Tokyo in 2-day Decline

Hiruki Nakamura
24 Jul, 2014
New York City

Stocks in Tokyo edged lower and then yen was in focus after Japan reported a decline in June trade deficit. The deficit was still larger than expected and soared to a record high in the first-six months.

Australian Dollar Gains, Newcrest Announces Asset Write Down

Marcus Jacob
24 Jul, 2014
New York City

Australian stocks and the Aussie dollar closed higher after a private survey showed a larger than expected expansion in manufacturing sector in China. Newcrest Mining Limited, the largest independent gold miner in Australia announced additional asset impairment.

Hindalco Prepares for $800 Million Offering, Cairn Net Plunges

Mukesh Buch
24 Jul, 2014
New York City

ACC net dropped 7%. Cairn India net tumbled 65% but revenue surged 10%. Dewan Housing profit and revenues surged. Hindalco appointed banks for share sale to rise about Rs 5,000 crore. Ingersoll Rand India net fell 5%. L&T Finance net surged 97%. TVS Motor net soared 39%.

U.S. Indexes Trade Near Record Highs on Apple, Microsoft Earnings

Nichole Harper
23 Jul, 2014
New York City

Stocks on Wall Street traded higher and market indexes flirted with recent record highs. Apple, Microsoft and Pepsi earnings met or exceeded analyst expectations. Market indexes in Europe traded flat and Asian markets closed mixed on domestic corporate earnings.

Microsoft Sales Rise 18%, Apple Net Surges 12%

Mukesh Buch
23 Jul, 2014
New York City

Apple net surged 12%. Boeing net soared 52%. Biogen net jumped 46%. Dow Chemical net tumbled 62%. GlaxoSmithKline profit plummeted 29%. General Dynamics net plunged 16%. Microsoft net declined 7%. PepsiCo net fell 2%.

Yen Gains but Nikkei in Tokyo Eases

Hiruki Nakamura
23 Jul, 2014
New York City

Stocks in Tokyo closed lower in thin trading and the yen gained on persistent tensions in Europe and Middle East. Tokyo Electron declined after a ministry in China expressed opposition to the merger with Applied Materials.

Australian Mortgage Rates Drop to Historic Low

Marcus Jacob
23 Jul, 2014
New York City

Stocks in Australia gained and three largest banks dropped fixed rate mortgage rates to historic lows. Inflation in second quarter jumped but the annual rate stayed within the target range established by the central bank. BHP reported production report that matched expectations.

Daimler Sales Rise 6%, STMicro Swings to Profit

Nigel Thomas
23 Jul, 2014
New York City

ABB net declined 18% to $1.2 billion. Daimler net plunged 52% to

Sensex in India Gains on Higher Profits from Banks

Mukesh Buch
23 Jul, 2014
New York City

ABB India net jumped 20%. Axis Bank net surged 18%. Atul profit soared 48%. KPIT Technologies tumbled after net declined 17%. MRF net rose 1%. Polaris Financial Technology net plummeted 29%. Yes Bank net climbed 10%.

Chipotle Sales Soar, Netflix Net Surges

Mukesh Buch
22 Jul, 2014
New York City

Comcast net soared 16%. Chipotle surged after net and sales climbed. Du Pont net jumped 4%. Coca-Cola profit fell 3%. Kimberly Clark net slipped 3%. Lockheed Martin net rose 4%. McDonald''s net slid 1%. United Technologies net soared 8%. Verizon net plunged 17%.

World Markets Struggle as Ukraine and Israel Crisis Linger

Nichole Harper
28 Jul, 2014
New York City

Stocks on Wall Street traded sideways ahead of economic growth data this week. Dollar Tree agreed to acquire Family Dollar for $8.5 billion. Real estate listing site operator Zillow acquired the rival Trulia for $3.5 billion. Yukos owners won $50 billion award in Holland.

Dollar Tree Acquires Family Dollar for $8.5 B, Zillow to Buy Trulia

Mukesh Buch
28 Jul, 2014
New York City

Cummins net jumped 8%. Dollar Tree offered to buy Family Dollar for $8.5 billion. Roper net soared 41% on 13% increase of revenue and lifted outlook. RPM Intl net surged 66%. Tyson Foods net rose 4%. Tenneco profit climbed 29%. Zillow agreed to acquire Trulia for $3.5 billion.

Aberdeen Assets Decline, Reckitt to Spin Off Pharma Unit

Nigel Thomas
28 Jul, 2014
New York City

Aberdeen said quarterly assets dropped on

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